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  • UAE-ADNOC-Emarat pump stations

    Emarat needs ADNOC to take over

    A UAE plan to phase out the generous subsidies in the OPEC member have quietly been shelved after widespread social unrest across the Arab world, which has so far spared the UAE.

    January 28, 2013 12:07
  • Twitter Inc starts Middle East Advertising

    Twitter couldn’t ignore the Middle East anymore

    Twitter does not provide a regional breakdown of its more than 200 million users worldwide, but Rao said its MENA subscriber base had tripled in the past 12 months.

    January 28, 2013 9:01

    Dubai May Ease Restriction For Foreign Investors

    Government officials could not be reached on Sunday to comment on the statement, and it was not clear how actively the new policy would be applied, or whether it might conflict with the UAE's national regulations.

    January 27, 2013 4:16
  • UAE Central Bank confirms no mortgage cap

    Will Mortgage caps curb speculation?

    The EBA has also told the central bank it proposes to limit mortgages extended to property speculators to 50 percent, though the details of this are still being considered.

    January 27, 2013 3:17
  • Serviced apartments in Dubai more popular

    A rush for Dubai’s serviced apartments

    With regional unrest, people are coming to Dubai where they might have gone to other locations in the past.

    January 23, 2013 11:39
  • UAEs-Etihad-buys-4-percent-stake-in-Virgin-Australia

    Etihad close to finalising Jet Airway deal

    A deal may be announced as early as Friday or by the first week of February, the TV channel said, citing unnamed sources.

    January 22, 2013 12:25
  • UAE Central Bank confirms no mortgage cap

    Fierce protests overruled Central Bank ruling?

    A circular sent to commercial banks by the central bank late last month, and seen by Reuters, said mortgage loans for foreign individuals should not exceed 50 percent of property value for a first purchase of a home

    January 22, 2013 9:50
  • Minority stakeholders get a mixed bag from Aldar sorouh merger

    Abu Dhabi property merger is a mixed bag

    Still, the merger could have been much worse for minority shareholders that account for less than half of Sorouh's register, and the 13 percent of foreign owners.

    January 21, 2013 4:39
  • UAE central bank won't impose without consultation

    The Central Bank working on new rules…

    The central bank is working on new rules for the property mortgage industry.

    January 21, 2013 10:07
  • UAEs-Aldar-Sorouh-merger

    Aldar and Sorouh merger gets the stamp

    The two companies have combined assets worth nearly $15 billion and a combined market capitalisation of around 10 billion dirhams.

    January 21, 2013 9:25